York, Pa Investment Property - 823 Linden Avenue York, Pa

MLS

21112540

PRICE

$49,000

AGENT Rick

Smith ADDRESS 823 Linden Avenue CLASS

TOWN/MUNICIPALITY/DEV.

York

Zip 17404

/

York City

/

The Avenues

ATLAS 3271 A8 DIRECTIONS TO PROPERTY: From West Philadelphia, R on Carlisle Avenue, R on Linden, ppty on L

KEY

KIO/LB

OWNER

Judith A. Shultz

D REF 0929-0241 67-11-533-01-0012-00 Visit our site at : http://www.ricksmithteam.com Want to see more?

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SECURITY LAU SQ FT MISC RENTS DEPOSIT LEASE EXPIRE UTIL PD TAX MAP

UNITS LIV RM DIN RM D/AREA KIT BDRMS BATH X X 1 1 Unit 1 Unit 2 X X 1 1 Unit 3 X 1 1 Unit 4 Unit 5 Unit 6 0.0459 acres LOT SIZE MAINTENANCE $500 Semi-Detached ASSESSMENT $48,020 TYPE City/Boro/Twp/TAX $751 EXTERIOR Brick/Vinyl $199 AGE-COND. 1900/Good COUNTY TAX Off Street $1492 PARKING SCHOOL TAX TYPE HEAT Forced Hot Air/Baseboard SPEC. ASSESS Gas/Electric TOTAL TAXES $2442 FUEL three separate units HEAT gas/electric H.W.-GAL ELECTRIC tenant WAT.COND. --UNITS Unit 1 kit, ba, br, liv Unit 2 kit, ba, br, liv Unit 3 kit, ba, br Unit 4 Unit 5 Unit 6

~800 ~700 ~500

$545 $515 $450

Rolled Roof/Metal Roof ROOF Carpet/Vinyl FLOORS yes CARPET FIREPLACE --AIR COND. window unit(s) CABLE ZONING Residential SCHOOL DISTYork City School District FIRE INSUR $376

$1,085

mo-to-mo vacant vacant

tenant tenant tenant

SEWER Public Sewer --SEPTIC GARBAGE $1,150/yr incl. sewer WATER $382/yr --WELL OWNER EXPENSESins,maint,sewer,garb,water CODES APPROVEDyes Conventional/FHA/VA NEW FINANCE FIRE HYDRANT

Rick Smith

Information herein is not warranted and subject to change without notice. We assume no liability for errors. Owner and Realtor速 reserve the right to withdraw this property from the market without previous notice.

823 Linden Avenue York , PA 17404 Want to see more? Visit our site at : 823 Linden Avenue York , PA

http://www.ricksmithteam.com

ITEMS INCLUDED:

3 refrigerators, 2 ranges ITEMS RESERVED:

workbench in basement, tenants’ property DISCLOSURES:

basement access from back yard - get combo from showing desk for lock This three unit property has a good rental history with solid return on investment. Separate gas, electric and hot water heaters for each unit. Owner pays water, sewer, trash, taxes, maintenance, and insurance - tenants pay their own gas and electric. Two-three parking spaces are available off of the alley and can be included in the rent of apartments or rented to neighbors for $45/month. With brick and vinyl exterior, this property has a majority of replacement windows.

Apartment 1 Just off the covered front porch and through the vestibule, this unit is on the first floor. The bedroom (14 x 11) has carpeting, ceiling fan and two windows overlooking the porch. A generous walk-in closet is in the corner. Pocket doors divide the room from the living room (15 x 12). The living room has wall to wall carpeting, a single window, ceiling light, and entry to the full bath with shower. The eat-in kitchen (17 x 10) is carpeted, has a country sink and a single window. The tenant owns the range, therefore it does not convey; refrigerator will convey. Washer connections are under the window. A storage room is off the rear of the kitchen and allows access to the back yard and parking spots. This unit also has access to the earthfloor basement (if the faux floor is removed in the closet). Dryer connections are still available in the basement, but currently not accessible. This unit has a newer 90% efficient forced hot air gas fired furnace.

Apartment 2 Set on the second floor, this apartment opens in to the kitchen (13 x 8). It has a vinyl floor, small gas range and a refrigerator. A small bathroom includes a vinyl floor, turn of the century claw foot tub, single window, and access to the balcony. The lining room has wall to wall carpeting, single window and ceiling light. The single bedroom (15 x 12) includes carpeting, two windows, walk-in closet, and ceiling light. This unit has forced hot air heat that is gas fired.

Apartment 3 The third floor contains the third apartment. The eat-in kitchen (13 x 16) has carpeting, farm sink, gas range and refrigerator. Two windows provide natural lighting. The bedroom (15 x 12) has carpeting, three windows overlooking the front of the property and a generous closet. The full bath includes a shower. This unit has a gas fired wall heater and additional electric baseboard heat.

A partially fenced yard with 2-3 parking spots is available in the rear.

Income and Expense Statement

823 Linden Avenue Income - monthly Apartment 1

$545.00 $515.00 $450.00

Apartment 2 Apartment 3 Apartment 4 Apartment 5 Apartment 6 Apartment 7 Apartment 8 Apartment 9 Apartment 10

Total Monthly Income

$1,510 Total Annual Income

Expenses - yearly Heat Electricity Water Sewer Insurance Maintenance Accounting Vacancy Factor Advertising Codes Inspection Taxes Refuse/Sewer

$18,120

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$382.00

%=

$376.00 $1,000.00 $500.00 $500.00 $100.00 $360.00 $2,442.00 $1,150.00 Rick Smith

Total Annual Expenses Net Operating Income

$6,810.00 $11,310

Cap Rate

23.08%

823 Linden Avenue York , PA 17404 Want to see more? Visit our site at :

http://www.ricksmithteam.com

823 Linden Avenue York , PA 17404 Want to see more? Visit our site at :

http://www.ricksmithteam.com

823 Linden Avenue York , PA 17404 Want to see more? Visit our site at :

http://www.ricksmithteam.com

823 Linden Avenue York , PA 17404 Want to see more? Visit our site at :

http://www.ricksmithteam.com